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EM Sales had $2,200,000 in sales last month. The contribution margin ratio was 30% and operating profits were $180,000. What is EM's break-even sales volume?

a) $660,000

b) $1,540,000

c) $1,600,000

d) $2,020,000

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M948877

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